Sun. Dec 22nd, 2024

Sudan’s Central Bureau of Statistics announced on Monday that the country’s inflation rate rose to 136.67% during the first half of this year, compared to the same period last year.

The report explained that June recorded the highest inflation rate, reaching 158.16% on an annual basis, according to the Sudan News Agency.

The Central Bureau of Statistics indicated that the large increase in the inflation rate is mainly due to the rise in housing rents, which reached their peak last June.

Since mid-April 2023, Sudan has been facing an armed conflict between the army and the Rapid Support Forces, which has led to the killing of about 18,800 people and the displacement of about 10 million others, according to United Nations reports.

The war has caused severe shortages in food supplies, a decline in job opportunities and a deterioration in the economy, leading to high rates of poverty and unemployment, and a significant increase in the prices of basic commodities.

Sudan… Unknown fate of Geneva talks after Jeddah negotiations falter

Related Post